More Space

July 29, 1985|By Jack Snyder of The Sentinel Staff

Coldwell Banker's latest office vacancy index for metropolitan Orlando showed a 25.9 percent vacancy rate for suburban space. That's well above the national suburban vacancy rate of 19.7 percent. However, Coldwell Banker pegged the downtown vacancy rate at 14.7 percent, below the national downtown vacancy rate of 16.1 percent . . . Prime Computer has leased 7,091 square feet at 300 Lincoln Place in Maitland Center. GSC Systems Development Corp., a company marketing cellular telephones, has leased 6,809 square feet at Orlando Corporate Park in south Orlando. Both leases were handled by Cushman & Wakefield . . . U.S. Telecom, a long distance telephone service, has opened a regional office at Morley Properties' the First Bankers Building at Century Plaza in downtown Orlando . . . Advanced Computer Technical Services has leased 5,000 square feet in Park Place Center in Altamonte Springs. Studio One Inc., a local architectural company, has taken 4,200 square feet of space in The Comstock Building in Winter Park. Coldwell Banker handled both leases . . . Zaremba Southeast Development Co. has started construction of a second 45,000-square-foot building at Corporate Park at Fashion Square on Maguire Boulevard in East Orlando. The three-story building is to be completed in December. The park is planned for 270,000 square feet . . . New tenants at Mayflower Executive Center in Maitland Center are Manor Health Care Corp., Owens Corning Fiberglas, Ryan Homes, Ryan Financial Services and Square D Co., according to Coldwell Banker broker Rich Krepak.